Greater Los Angeles Real Estate
Noteworthy Southern California Listings
$80,000
LANCASTER
3 Beds, 2 Baths
$855,000
NORTHRIDGE
5 Beds, 4 Baths
Los Angeles Homes & MLS
The Los Angeles Real Estate Market is without question one of the most desireable and dynamic Residential Real Estate markets in the country. Whether you're buying or selling Los Angeles real estate, you should be excited. An intelligent buyer with a long term perspective can rest assured they are making a sound investment and sellers can be confident that there will always be demand for their product. The Los Angeles Real Estate market is unique because of the ethnic diversity of the Los Angeles Citizens and the geographic diversity of the Los Angeles Neighborhoods.
When considering lifestyle, Los Angeles Real Estate truly has it all. From the beautiful beaches of Santa Monica, Malibu and Manhattan Beach to the glitz and glamour of world famous neighborhoods like Beverly Hills and West Hollywood. Looking for a younger, hipper more edgy neighborhood? Check out Venice, Downtown LA, Silver Lake or Los Feliz. Let your IET Real Estate agent know your preferences and budget and we can help you choose what will work best for you from affordable single family starters under $250K, to multi million dollar luxurious estates, or Downtown LA Lofts and penthouses. Want to be by the beach, mountains or desert? Want a quiet, safe neighborhood with good school districts? or Do you want a nightlife accessible, city center, middle of the action location? Want a home with an Ocean, City or Canyon view? When you work with IET Real Estate, anything is possible in the Los Angeles Real Estate Market.
Los Angeles investment properties purchased and managed properly have provided wealth for generations of Angelenos. From 1-4 Unit Multi-Family Rental Units in Los Angeles to bank owned Los Angeles foreclosures and Los Angeles short sales, there are abundant opportunities to create a Real Estate portfolio with positive cash flow and tax benefits in the Residential Los Angeles Real Estate Market.
Greater Los Angeles Communities
Have a family and want your own space and good school districts? Or maybe you are just looking for a more quiet, peaceful lifestyle and don't want to deal with traffic and congestion? If this appeals to you perhaps the established suburbs of Whittier, Pasadena, Torrance, Cerritos or Long Beach would work best for you. The Valley also has some great family neighborhoods in the mid to upper level price ranges. First Time Homebuyer looking for an affordable & safe neighborhood to base a growing family out of? Ask one of our agents about Carson, Lakewood, Bellflower or La Puente. We'll make it just as easy for you to shop for real estate in Los Angeles County as we do inside the city of Los Angeles. Browse among the many communities in greater LA to find the area that best fits your needs.
Even if you aren't ready to buy, check back often and visit our LA Blog Posts to keep on top of Los Angeles real estate news.
As always we are here at any time to answer your questions or assist you in your search for the perfect Los Angeles home. Just email or call us at (562) 353-4483.
Latest News in the LA Market
Federal Home Buyer Tax Credit
Interested in learning more about how to take advantage of the $8,000 Federal Tax Credit you've been hearing so much about? Do you know how a tax credit differs from a typical tax deduction and why it is SOOOO much better?!?! This great program expires at the end of November and considering most escrows now take ~45 days to close mid October is probably the latest you can open an escrow and expect to capitalize on this great advantage.
Loan Mod Impact on Fico
As I've wrote about in the past, there is no free lunch when it comes to loan mods. This article compiles information from the Governments guidelines for the Home Affordable Modification Program (H.A.M.P). You are more than welcome to read through them yourself here if you have the time. I'd still encourage you to read this full article though because it gives some interesting real world insight into experiences people have had that have already entered into permanent modifications.
Conventional Mortgage
Guideline Updates
With the losses the secondary markets have been taking, it seems like Investors are changing Mortgage Underwriting guidelines on a weekly basis. We setup this section of our site to do what we can to keep our visitors up to date as much as possible with the underwriting guideline changes affecting Conventional/Conforming loan products (Fannie Mae/Freddie Mac Guidelines)
FHA Loan Info
Because of the elimination of the secondary mortgage market FHA loan origination has experienced massive increases in volume. Here are some interesting facts about FHA that even now some people are still unaware of. This post was created to inform site visitors considering buying of some of the misconceptions associated with FHA loan products (HUD/Ginnie Mae Guidelines)
Property Tax Re-assessment
Instructions LA County
Did you buy a house in Los Angeles County recently? Are you paying Real Estate Property Tax based on the previous owners over inflated purchase price? Read this article for instructions on having the Los Angeles County Tax Assessors office lower the assessed value of your Los Angeles Property for free!!
Tax Implications of Short Sales
Straight from the IRS
Thinking of Short Selling property in LA County but have lots of questions about how the process works? For a basic overview of the process visit the our Short Sale info page. Undoubtedly one the best sources for info on Short Sales in Los Angeles for property buyers. This blog post is also worth reviewing as it provides links to the pages on the IRS websites that explain the implications of short selling property from the IRS's perspective.
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Los Angeles Real Estate
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Help Haitian Earthquake Relief Efforts by Buying or Selling your next Property with IET Real Estate Los Angeles
For the next 6 months IET Real Estate & our affiliated Mortgage Brokerage (IET Capital) will...
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